tomo logo

$1,999,999

Beds
7
Baths
6.0
sq ft
3,810

5857 Fulton Ave, Van Nuys, CA 91401

5857 Fulton Ave

Valley Glen, CA 91401

  • 11 days on market
Welcome to luxury estate in the desirable neighborhood of Valley Glen, a stunning property perfect for large families or savvy investors. This fully renovated, single story estate offers a thoughtfully designed open concept floor plan, showcasing top-quality materials and a modern, contemporary style. The main house boasts 2,250 square feet of living space, featuring 4 spacious bedrooms and 3 luxurious bathrooms. The kitchen is a chef's dream, equipped with premium appliances and an abundance of natural light that enhances the home's inviting atmosphere. Enjoy the benefits of paid-off solar panels, ensuring energy efficiency and cost savings. In addition to the main residence, the property includes a private Accessory Dwelling Unit (ADU) with 2 bedrooms, 2.5 bathrooms, and 1,096 square feet of living space that was fully remodeled. There's also a fully remodeled Junior Accessory Dwelling Unit (JADU) offering 1 bedroom, 1 bathroom, and 464 square feet. Each unit is equipped with separate meters and unique addresses, providing flexibility and privacy for extended family or rental opportunities. The outdoor area is a true entertainer's paradise, featuring a beautifully remodeled pool and a new patio complete with a built-in barbecue area for hosting outdoor gatherings. The Trex decking, exquisite custom hardscape, and pristine artificial turf create a low-maintenance, picturesque setting perfect for relaxation and entertainment. Additionally, a fully finished storage room doubles as a pool house, enhancing the property's functionality. Don't miss the opportunity to own this exceptional property that combines luxury, functionality, and investment potential in one of Valley Glen's most sought-after locations.

Details

Property type

Single Family Residence

Est. home value

$1,504,678

Property condition

Updated/Remodeled

Lot size

0.2571 acres

Price per sq ft

$525

Year built

1940

HOA

No

Price History

11/11/2024
CRMLS

CRMLS #SR24231663

Listed
$1,999,999
-4.72%
10/19/2024
CRMLS

CRMLS #CV24102614

Removed
$2,099,000
09/10/2024
CRMLS

CRMLS #CV24102614

Price change
$2,099,000
-4.55%

Schools & Community

Neighborhood: 

Valley Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

ABC Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,418,779
Asking price
$1,999,999
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$421,220
Cash to seller
$1,418,779

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nmsi Inc

Loan start date

December 2022

Original loan amount

$430,000

Est. remaining balance

$421,220

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Alon Tzafar

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 5:50 PM

Listing updated: 11/17/2024 at 5:25 PM

Listed by: Kourosh Kianijam, Compass Phone #: (818) 453-9162

MLS: CRMLS #SR24231663

CRMLS logo

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